When should I put mortgage protection in place?

The plan can be issued one month in advance of your requested start date. If you’re certain of your drawdown date, you can have the policy issued with a future start date.

Consider issuing the policy with an extended term and slightly increased cover (102% of your mortgage amount) to allow for any delays after policy issue. This typically adds less than €1 to your monthly premium while providing complete peace of mind and protection against complications or delays before drawdown.

Royal London also offers one month’s free cover, so you won’t pay your first premium until a month after policy issue, but you’ll be covered immediately.